MTN Cameroon nets FCFA 316.4 billion in 2023 – Results indicate healthy recovery

By Ndumbe Bell Joseph Gaston in Douala Records from the 2023 financial year sourced from the financial Statements of the African telecommunications giant MTN states that their subsidiary MTN Cameroon scored a net surplus of 9.905 billion rand or an equivalent of FCFA 316.4 billion in the period under review. The outstanding performance of FCFA 70 billion over that of the previous year was found to have contributed significantly to the hike in realisations to the Group. By contrast the hike in relative terms stands at 28.2 percent today than the almost FCFA 246.6 billion in 2022. CEO MTN Cameroon,…